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Asia Cement China (743) investor relations material
Asia Cement China Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the six months ended 30 June 2026 was RMB2,291.7 million, down 8% year-over-year due to lower sales volume and selling prices.
Net loss for the period was RMB99.7 million, compared to a net profit of RMB117.0 million in the prior year, mainly due to decreased selling prices and increased coal costs.
Gross profit margin declined to 9% from 16% year-over-year.
Financial highlights
Revenue: RMB2,291.7 million (2025: RMB2,496.3 million).
Gross profit: RMB202.9 million (2025: RMB411.2 million).
Net loss: RMB99.7 million (2025: net profit RMB117.0 million).
Basic loss per share: RMB0.060 (2025: earnings per share RMB0.073).
Total assets: RMB19,938.9 million; net assets: RMB16,817.8 million as of 30 June 2026.
Outlook and guidance
The industry is expected to see demand bottoming out, supply optimization, and regional divergence in the second half of 2026.
The company aims to consolidate market share, control costs, enhance efficiency, and drive transformation for gradual improvement in operating performance.
- Q1 2026 posted a net loss amid weak demand and price volatility, with H2 improvement expected.743
Q1 2026 - Net profit rebounded to RMB89 million despite a 13% revenue drop, with improved gross margin.743
Q4 2025 - Returned to profitability in 2025 amid weak cement demand and ongoing industry challenges.743
Q3 2025 - Net profit rebounded to RMB117.0 million on improved margins despite a 7% revenue decline.743
Q2 2025 - Net loss of RMB458.998 million and revenue down 28% amid weak cement demand in 2024.743
Q3 2024 - Revenue and profit declined sharply amid weak demand; privatisation proposal announced.743
Q2 2024 - Q1 2025 saw a return to profit and improved margins amid weak cement demand and rebounding prices.743
Q1 2025 - Revenue and profit declined sharply as weak demand and price competition persisted.743
Q4 2024
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